What is KeyCorp’s Forecast for Park-Ohio FY2025 Earnings?

Park-Ohio Holdings Corp. (NASDAQ:PKOH) – Analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for Park-Ohio in a report issued on Sunday, February 8th. KeyCorp analyst S. Barger expects that the industrial products company will post earnings per share of $2.81 for the year. KeyCorp has a “Overweight” rating and a $37.00 price objective on the stock.

A number of other research firms also recently issued reports on PKOH. Zacks Research raised shares of Park-Ohio to a “hold” rating in a research note on Monday. Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $37.00.

Park-Ohio Trading Up 1.6%

NASDAQ PKOH opened at $27.80 on Wednesday. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.56 and a quick ratio of 1.32. The stock has a market capitalization of $400.32 million, a P/E ratio of 16.55 and a beta of 1.16. The firm’s 50-day moving average is $22.80 and its two-hundred day moving average is $20.95. Park-Ohio has a 12 month low of $15.52 and a 12 month high of $28.01.

Park-Ohio Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 6th will be given a $0.125 dividend. The ex-dividend date of this dividend is Friday, February 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.8%. Park-Ohio’s dividend payout ratio is currently 29.76%.

Insider Buying and Selling at Park-Ohio

In other news, Director Ronna Romney sold 2,975 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $20.29, for a total value of $60,362.75. Following the sale, the director directly owned 28,944 shares in the company, valued at approximately $587,273.76. This trade represents a 9.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 31.51% of the company’s stock.

Institutional Trading of Park-Ohio

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. acquired a new position in Park-Ohio in the third quarter valued at $1,079,000. First Eagle Investment Management LLC boosted its holdings in shares of Park-Ohio by 18.8% in the second quarter. First Eagle Investment Management LLC now owns 386,025 shares of the industrial products company’s stock valued at $6,894,000 after acquiring an additional 61,132 shares during the period. Private Management Group Inc. grew its position in Park-Ohio by 1.9% during the 2nd quarter. Private Management Group Inc. now owns 1,023,164 shares of the industrial products company’s stock worth $18,274,000 after purchasing an additional 18,853 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of Park-Ohio by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 1,083,270 shares of the industrial products company’s stock worth $19,347,000 after buying an additional 118,393 shares during the last quarter. Finally, Inspire Advisors LLC increased its holdings in shares of Park-Ohio by 35.9% in the second quarter. Inspire Advisors LLC now owns 19,565 shares of the industrial products company’s stock valued at $349,000 after purchasing an additional 5,170 shares during the period. Institutional investors and hedge funds own 51.38% of the company’s stock.

About Park-Ohio

Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.

The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.